- #1
Hodgey8806
- 145
- 3
Hello,
I'm trying to use a moving average to optimize performance. However, I don't want to just choose an arbitrary period to begin with. Do you have any suggestions as to how to determine the proper period to begin with. What I'm asking is:
Is there a mathematical formula to determine the appropriate period?
For example: I'm measuring a cyclical sales and would like to forecast the next day using moving averages.
I don't want to arbitrarily choose 30 days. I'd like to know if there is something else I could do.
Thanks!
I'm trying to use a moving average to optimize performance. However, I don't want to just choose an arbitrary period to begin with. Do you have any suggestions as to how to determine the proper period to begin with. What I'm asking is:
Is there a mathematical formula to determine the appropriate period?
For example: I'm measuring a cyclical sales and would like to forecast the next day using moving averages.
I don't want to arbitrarily choose 30 days. I'd like to know if there is something else I could do.
Thanks!